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dexar [7]
2 years ago
14

The company that Layton owns, the Music Box, is a family-owned company that has been in business for more than 100 years. Layton

wants to give back to the people of the community to acknowledge their role in the store's success. He decides to donate a significant portion of the store's profits to a charity every year. Layton's decision is an example of ___ in action.
Business
1 answer:
Lisa [10]2 years ago
5 0

Answer:

economic responsibility.

Explanation:

Layton has decided to donate a portion if his business Music Box earning's to a charity every year. His action of making donation decision is of economic responsibility. The decision is made to help out community in a good faith and is considered as social responsibility as Layton does not have any legal responsibility to make charity but still he decides to serve the society through his business earnings.

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What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the inputs used in the production
Maslowich
Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects. 
5 0
2 years ago
According to the rule of 72, if the GDP of the Apex Federation is growing at 1.7% per year, its economy will double in approxima
ahrayia [7]

Answer:

C. 42 years

Explanation:

Rule 72 is used in finance and economics to estimate the number of years it will take for a given capital value to be doubled, given a given annual interest rate. In the case of GDP, the interest rate is replaced by the growth rate of the economy.

The formula for this rule consists of dividing 72 by the growth rate of the economy. The result will be the number of years for the capital value to double.

72 / growth rate = years to double

If the GDP growth rate is 1.7%, we have:

72 / 1.7 = 42.3 years

7 0
2 years ago
Total fixed costs for Green Planes Inc. are​ $150,000. Total​ costs, including both fixed and​ variable, are​ $600,000 if​ 140,0
ki77a [65]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Total fixed costs for Green Planes Inc. are​ $150,000. Total​ costs, including both fixed and​ variable, are​ $600,000 if​ 140,000 units are produced.

First, we need to calculate the unitary variable cost:

Unitary variable cost= (total cost - fixed cost) / number on units

Unitary variable cost= (600,000 - 150,000)/ 140,000= $3.21 per unit

Now, we can calculate the total variable cost for 230,000 units:

Total variable cost= 3.21*230,000= $738,300

8 0
2 years ago
Davidson international has 13,700 shares of stock outstanding at a price per share of $28. the firm has decided to repurchase 50
alexdok [17]

The shareholder equity is equal to:

$28/share * 13 700 shares = $ 383,600

This is the total capital of Davidson International. Now, assuming that there is no additional income since it is not implied in the problem, the total equity does not change. However, the shares become: 13,700 + 500 = 14 200 shares.

Price per share now becomes:

$383 600 / 14 200 shares = $27/share

6 0
1 year ago
Which investment has the least amount of risk?
exis [7]

Answer:

A. standard deviation = $500, expected return = $5,000

Explanation:

For analysis which investment involved the least amount of risk we need to determine the coefficient of variation i.e. shown below:

As we know that

Coefficient of variance = standard deviation ÷ expected return

A = $500 ÷ $5,000 = 0.10

B = $700 ÷ $500 = 1.40

C = $900 ÷ $800 = 1.125

D = $400 ÷ 350 = 1.143

As it can be seen that investment A has the leas amount of risk hence, the same is to be considered

5 0
1 year ago
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